I bought a tax lien against a lot at the local tax sale last year.It had a 22k FMV. I talked to the previous owner after sending them a letter and found out they were not planning to redeem the property. I didn't real...
Looking for motivated newbie! Have lots of experience and need local eyes, ears, and assistance. If you may be interested in working on deals, learning, etc. so basically we can grow together, shoot me a message ...
Didn't 1099 any of my contractors so I have no labors receipts now that it's tax time any suggestions
I am looking to get started investing, I have some money to invest and am looking to learn how to do this the right way and not learn the "hard" way by investing my money foolishly. What systems are people using su...
Hello BP.I am a buy and hold investor with 10 rentals in the Baltimore County/Harford County, Maryland. I am in the process of moving to California, where the numbers do not work for me to continue to buy and hold. I ...
BP Community!Whether you’re a longtime real estate investor, new to the game, or want to get started, you need to read these 2 books. Both are from BP here, The Book on Tax Strategies, and The Book on Advanced Tax St...
Hi, I've heard before that for investors usually the idea is to run from new constructions. Can anyone explain why that would be? I'm interested in new duplexes being built in my area that start out base 100k+ less th...
HelloI would like to thoroughly understand depreciation from a CPA's view point.Are there any great books and resources for this? Appreciate your inputs.Thanks
Hello all, I am a new investor. I have been reading about RE investing since March this year and every time I read I learn something new. It's been 6 months since I have been learning and I'm too ready to take action....
My question is Bp teaches you to use bank’s money. One of the purposes is to get tax breaks but don’t you still have to claim the profit of the cash flow you do get after your mortgage and bills are paid